Katie Price is keeping fans guessing as to whether or not she's giving husband Kieran Hayler another chance.

Following reports that she was going to divorce him after he allegedly cheated with the nanny, she was spotted hanging out with him at the Cheltenham Festival.

But, it was clear she'd ditched her wedding ring.

The Loose Women star, 39, was seen clutching a betting slip in her left hand, with her bare ring finger clearly visible to the world.

The mum-of-five hid her new face beneath a pair of large bejewelled sunglasses and held a pink drink in her other hand as she seemingly checked on her bets.

Katie was at the festival with Kieran (Image: WENN.com)

She looked to be in high spirits (Image: WENN.com)

She wasn't wearing her wedding ring (Image: WENN.com)

Kieran , 30, was right by her side, dressed up in a white shirt and navy blazer.

Katie's third husband - father of her youngest children Jett, three, and two-year-old Bunny - looks to have rarely left Katie's side as they cheered on their chosen horses at day three of the festival today.

Katie, who was wearing a fluffy-collared pink jacket, looked to be getting right into the spirit of things as she raised her glass in celebration.

It's not exactly clear whether or not the pair are giving their relationship another go.

Katie hid her face beneath a large pair of sunglasses (Image: WENN.com)

Katie celebrates (Image: WENN.com)

She looks happy (Image: WENN.com)

Reports have suggested that Katie, who is also mum to Harvey, Junior and Princess, will divorce Kieran, but allow him to continue living in their country mansion in Sussex.

They tied the knot in 2013 just two months after they met and Katie was devastated when he later cheated on her with her best friend Jane Poutney.

And in August, Katie revealed she was dumping Kieran after saying he had a fling with the kids' nanny, Nikki Brown.

Reports have suggested that Katie and Kieran are going to divorce (Image: WENN.com)

Katie checks her betting slip (Image: WENN.com)

She has something to celebrate (Image: WENN.com)

Katie was hiding the results of her latest surgery beneath a pair of sunglasses.

She was pictured recently leaving a clinic in Brussels where she'd reportedly had an operation to fix a botched facelift.

It came after she claimed that a surgeon had "f****d up" her face in September.

In the pictures, Katie's head was wrapped in bandages around her jaw and the top of her head.

Katie stood out from the crowd in her fluffy pink outfit (Image: David Sims/WENN.com)

She was recently pictured with bandages around her head (Image: David Sims/WENN.com)

Katie and Kieran got married in 2013

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Her face was extremely bruised and swollen, with her sporting two black eyes.

Blood was on the bandages around her jaw and small plastic bottles, which appeared to contain blood, hung from either side of her head.

Mirror Online has contacted Katie and Kieran's representatives for comment.